Govt appreciates Raghuram Rajan's good work; will announce successor soon: Arun Jaitley

New Delhi: Finance Minister Arun Jaitley on Saturday said the government appreciates the “good work” done by RBI Governor Raghuram Rajan and will soon take a decision on his successor. [caption id=“attachment_2842746” align=“alignleft” width=“380”] Finance Minister Arun Jaitley. AFP[/caption] “Dr Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment. The government appreciates the good work done by him and respects his decision,” he said in a Facebook post. “A decision on his successor would be announced shortly.” Rajan earlier on Saturday said he will be returning to the academia after completion of his term as RBI Governor on 4 September. “… on due reflection, and after consultation with the government, I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016,” Rajan said in a message to the RBI staff.